115
In forceParticipating jurisdictions tax entitlement
Part 6Licence fees and tax
Division 2Interactive gambling tax
115 Participating jurisdictions tax entitlement
(1)
From time to time (as contemplated in the intergovernmental agreement), the Minister must remit to a participating regulator a proportion of the interactive gambling tax collected or recovered from licensed providers (interactive gambling tax revenue).
(2)
The amount to be remitted must reflect—
(a)
the contribution of players in the participating jurisdiction to the total gambling turnover of licensed providers; and
(b)
the proportion of interactive gambling tax revenue properly attributable to that contribution.
(3)
Amounts may be remitted under this section without further appropriation.
This Act’s bill:Explanatory memorandum
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.